Traveling to the Country of Mexico: A Melting Pot of Different Races and a Primary Tourist Destination
Mexico is a country that is very much famous in terms of tourism. It has the biggest Spanish-speaking population in the world. It has no official language despite the majority of the people living their talks Spanish. It has also no official religion, but it is next in line to Brazil for having the most number of Roman Catholics in the whole world. It has a very rich and diverse culture characterized by many influences of the Spanish culture. Its economy is very progressive, and it has many of the world’s largest and most modern companies. It has a mixed and diversified economy with a very high gross national income per capita. The Mexican economy boasts of its electronic industry, oil industry, food industry, aircraft industry, power plants, telecommunication industry, and their tourism industry, which has helped them a lot in terms of economic development. In terms of sports, Mexicans are very much known for producing world class boxers. Some of the elite boxers that Mexico has ever produced are Juan Manuel Marquez, Erik Morales, Marco Antonio Barrera, Julio Cesar Chavez and the world renowned Oscar Dela Hoya, who is also a boxing promoter and the owner of Golden Boy Promotions. So, how did Mexico become what it is today? What would be the reasons for an individual to make him or her decide to choose the United Mexican States as the primary tourist destination? And finally, what makes Mexico different from any other tourist destination in the whole wide world?
The country of Mexico is one of the most visited countries in terms of tourist destination in the world. Because of the sheer determination and will to improve, the United Mexican States became what it is today, a country characterized by a modern economy and a steadfast economic development. There are numerous reasons why an individual must consider of visiting the country of Mexico as a tourist destination. One of the reasons is the ancient Mesoamerican Ruins. It is probably one of the reasons why people from different parts of the world visit the United Mexican States. Its magnificence is indeed a marvel to witness. One can’t help but to be allured and be captured by its beauty. Another reason which would probably explain why millions of tourists constantly visit the country of Mexico is its world class beaches. The beach resorts found in Mexico are visited by many students who just want to have a good time and enjoy the heat of the sun, especially during spring break and by foreigners from different parts of the world who wants to unwind and relax while enjoying the beauty of the different sceneries found in Mexico. In addition, tourists around the world also visit the United Mexican States because of its climate and the fusion of Spanish and Mesoamerican cultures. Its rich culture is evidenced by the Mexican people themselves and their rich tradition of festivals and celebrations. Furthermore, Mexican food is also one of the main attractions that Mexico can offer to the many tourists who are planning or interested to visit the country of Mexico. Mexican food is known for its explosive, intense, and spicy flavors that make food enthusiasts go loco over Mexico. The tortillas, enchiladas, tacos, quesadillas, burritos and tequilas are to die for. They simply make the whole experience of Mexico one of the most unforgettable one. They do not only satisfy the cravings of a hungry tourist, they also add an extra kick into it. Lastly, Mexico is visited by most tourists around the world because of its people. The Mexican people add color and life to the country of Mexico thereby making the whole trip to the country a worthwhile experience.
Therefore, when you are planning to unwind and take a tour around the world, do not forget to put Mexico on your list of tourist destinations. You do not only enjoy good food, excellent world class beaches, beautiful tourist spots, and a rich colorful culture, you also have a chance to experience Mexican hospitality and to get to know more the people living in the United Mexican States. These made Mexico unique and different from other tourist destinations that is why it is one of the most well visited tourist spots in the whole world.
The Mexican Economy
November 6, 2009 by admin
Filed under Socio Economics
Mexico is a North American country, bordering the Gulf of Mexico and the Caribbean Sea between the US and Belize, and bordering the North Pacific Ocean between the US and Guatemala. With a total land area of 1,923,040 square kilometers, Mexico is home to more than a hundred million residents (106,535,000) in 2006 population survey.
Mexico’s geographical terrain is characterized by rugged, high mountains; high plateaus; low coastal plains; and deserts. Its climate varies from desert to tropical year round. Mexico is gifted with high value minerals and natural resources like petroleum, copper, silver, gold, zinc, lead, timber, and natural gas. Its location in the border south of the US is considered strategic in world trade and economic activities.
The Mexican Economy ranks from 11th to 13th among world’s largest economy. The Mexico City the country’s capital also ranks 3rd among world’s largest metropolis with Tokyo of Japan and New York of the US leading the list.
Since the dreaded 1994 crisis, Mexico developed and improved its macroeconomic fundamental resulting to a boost in the economy and an unprecedented stability. Its attained macroeconomic stability enables low interest and inflation rates, increased per capita income. The economy holds rapidly-developing industrial and service sector and a robust import-export business. Based on Forbes Global 2000 lists of 2008, 16 companies among the world’s largest companies were from Mexico.
Economic Sectors
The Export industry is the most profitable sector in the Mexican Economy. Mexican Exports represent a quarter or more of the country’s Gross Domestic Product (GDP). The Mexican Trade policy is an open market and is considered as among the most open in the world. The Mexican government forged free trade treatises and agreements with more than 40 countries like Canada, the European Union, and notably the United States. Most exported products are cars, petroleum, and electronics with the bulk of these exports (82%) goes to the US.
Tourism, ever since the 1960’s played a major part in the Mexican economy. Mexican tourism accounts to a considerable fraction of the country’s GDP with millions of tourist flocking to Mexico. As a matter of fact, Tourism has become the fastest growing sector in the Mexican economy and accounts for 50 billion dollar contribution to the economy.
The Manufacturing sector also contributes a major part of the Mexican Economy. With estimated 18% GDP contribution, this sector is mostly involved in ship building, steel, chemicals, textiles, and electronic components.
Agriculture is also a sector to reckon in Mexican economy. Although this sector accounted for a measly 3.7% of the country’s GDP as of 2008, it provides 14% of total employment in the country. With an arable area only 13% of the country’s land area, Mexico boast of its revenue generating crops like tomatoes, sugarcane, corn, dry beans, coffee beans, and avocados. Significant revenue is also generated from beef, pork, poultry, and dairy production.
The Oil sector is also a sector to beat, with its revenue constituting a third in the total Mexican revenues. As of 2007, Mexico ranks eight-largest crude exporter in the world and third-largest oil supplier to the US. The Mexican Government holds the monopoly in oil exploration, production, marketing, and transportation through the state-owned PEMEX oil company.
Recent Economic Problems
Just recently this year (early 2009), the Economic crisis in the US escalated to a more serious World scale crisis affecting not only the US but other big economies like Japan and Europe, as well as most of the world. With the US – Mexico’s biggest export partner, undergoing recession, Mexico experiences a decline in export revenue that greatly affects the total GDP. With the US predicted to start rebounding soon, the Mexican government is hopeful that businesses will soon go back to normal.
In addition to the Global financial crunch, the Tourism industry is suffering setbacks caused by the H1N1 flu pandemic and political unrest. Tourist had been distrustful in visiting Mexico with reported violence on the rise which accounted for 11,000 people killed in this violence since the December 2006 election.
Amidst these problems the Mexican Government sees optimism with some propose measures for labor and tax reforms and new energy policy on the works. Mexico will rebound again, that is for sure.